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The Morning Call from Allentown, Pennsylvania • 25

Publication:
The Morning Calli
Location:
Allentown, Pennsylvania
Issue Date:
Page:
25
Extracted Article Text (OCR)

Nancy 1 (IRS Making It 'Painless' i 1 1 WANT BACK THE TTTT" i BILLY Dot't Fret About Filing Income Tax STROODLE CHRISTMAS CARD I HJ A. SENT TO e-V-HT STROODLE Through 4,000 factory house or WASHINGTON (AP) The In gans, about 22 million industrial ternal Revenue Service Sunday workers will be provided with tax timely returns, the service hopes to cut the cost of collecting taxes. Because of the taxpayer education program introduced in recent years, the agency's statement said about four million fewer taxpayers announced what it described as the greatest public tax informa information, the agency estimated. tion program in history. It's to It is supplying the information to Industrial Editors Assn.

for dis help make income tax day as OO' semination to the publications. needed help last year than in 1955 painless as possible next year. ciated Press and United Press International, will present special series of tax information articles during the filing period. Hollywood is cooperating in the preparation of special television spots by movie and TV stars. The statement said the radio and TV networks also plan tax information programs of their own.

Later in the filing period the first taxpayer education movie prepared by the Internal Revenue Service will be released for show Fanners will get specialized In formation through a cooperative arrangement with the Agriculture Department which has agreed to The service will open shortly after Jan. 1 a massive program to educate taxpayers on how to make out and file their own returns, the statement said, and will "run it full tilt until the end of and the government accordingly saved nearly four million dollars. This year the agency proposes expanded use of newspapers, magazines, radio, television, pamphlets, movies, posters and speeches to get its message across. Jo Palooka WENTY SOUL- STIRRING MINUTES LATER CAN'T POSSIBLY HOLD OUT AGAINST earmark some of its public service radio time for the purpose. The statement noted that both major news agencies, The Asso-1 SHORE YOU'RE VURRY 'Vif'i 1 LONELY HERE, MISS VULTURA-.

I I CAN INTEROUCE YOU T'A FEW rf A EUGUBLE 8ACHELER FELLERS yj 7) i April 15 filing period." FER HEVWS SAKESf IT THERE. WORKED HE'S ing before interested groups. By getting more accurate and MY NEXT WEREN'T VURRV NICE OF VOU TKISS ME IN FRONT OF THIS PICTURE OF M' COMPLETELY UNDER MY SPELL. NOW TLL BREAK HIS HEART AS MINE ONCE SWEETHEART MISS tVY.r Steel Prices Expected 25 THE MORNING CALL, Allentown, Monday, Dc 22, 1958 To Hold Firm In Business CLEVELAND, Steel buyers XL Poll Shows Bull Market Top '58 Story can be reasonably sure of firm prices for the next six months, Steel magazine reports. The metalworking weekly 5aid DONE Vu OH, AH HATES )( "The amazing bull market of hiked from 50 per cent to 90 per con, has been named to his cent.

second term as president of the steelmakers face critical labor 7. Record peacetime spending structural Clay Products Institute, 1958" is ranked as the year's top business news event in the eighth annual poll of Merrill Lynch, Pierce, Fenner Smith's 126 of-j and a record peacetime deficit. Russell G. Eshenaur of Glen-Gary Shale Brick Reading, is a negotiations in the spring, and they're well aware that raising prices would undermine their 'efforts to reach a noninflationary settlement 8. Small cars hog the 1958 highway, bring joy to American Mo Li'l Abnex The NEW VILLAIN IN "FEARLESS POSDIGC CONTINUES TO SICKEN AND WORfclFV ALL 100 PERCEWT RED-BLOODED AMERICANS- member of the board of directors fice managers.

John W. Ousterman of Eat- The bull market, which pushed tontown, N.J., takes over as pres Extras on some products may the Dow-Jones industrials up to ident of the Jersey Central Veter be revised before July (they may be out of line), but sweeping ad alltime highs, was mentioned by 94 managers participating. The an Employes Assn. succeeding tors and importers in otherwise disappointing auto year. 9.

Stock market volume soars to a 28-year high. 10. Farmers add to income and surpluses as they prepare for a try of a fewer controls with lower supports. William C. Bohn of Middletown top stones of 1958: 2.

Rapid recovery from the justments of the kind made early in 1957 are not. likely. Extras are charges made, in addition to base prices, for such things as quali shortest but steepest postwar re N.J. Raymond P. Close of Bethlehem becomes second vice president Carl E.

Touhey of Albany, N.Y., has been elected pres cession. ties, sizes and quantities. 3. The Federal Reserve's early ident of the Canada Dry Bottlers return to tighter money policies. Mills aren't likely to raise ex Assn.

of the United States. 4. Weakness in the bond mar tras because: Mickey Hnn OH, BOY THAT'S ALL WE ITS STARTIN'TO OH, I GET rr WELL, HPLL III PHIL A I OH, I GET IT; WELL, HETlY ket spearheaded by this summer's 1. Extras are in reasonably NEEPED-TO MAKE THE GOOD SUBSTITUTE I 1 PHIL SHOW NOW, CERTAINLY MAKE A HbUKCS I IU DC il CERTAINLY MAKE A collapse Governments. PICTURE COMPLETE COMPANY NOTES An under 1 CO EDDIE IS STAYING YEAH FOR PHIL'S ANNUAL PERSONALITIES William V.

Burian, agent in Prudential Insurance Allentown West District office, has retired after 41 years with the company. Friends and associates honored him at a luncheon last week Kenneth W. Dunwody, president of the Cherokee Brick Tile Co. of Ma- 5. Continued high prices and writing group managed by Bacha DOWN HERE UNTIL PARTY AT THE ORPHANS' HOME Co.

last week made public of outlook for more of same promoting widespread inflation psychol AFTER CHRISTMAS?) HE'S GOW'TO-AH-BE READY good balance. 2. Market conditions aren't favorable. 3. More business would be lost to foreign competitors.

mm rSfl -ir SAN IM fering of million dollars of DPI AVPO ogy. Guys From Harrison Inc. six 6. Margin requirements are nr. per cent convertible subordinated debentures, due Jan.

1, 1974 at 4. Costs aren't rising as fast as they were. 100 per cent and accrued interest. New Prosperity Era 3 5. Profits are improving.

6. Aluminum producers, strong to yield six per cent. Walston which has an Allentown office, was among those associated ly competitive with steel in some SB Ahead, Strauss Says with Bache Co. in the offering markets, have assured their customers of firm prices until July. Colgate Palmolive Co.

and Wildroot Co. Inc. have agreed in Operations Zip principle on acquisition of Wild- Steelmaking operations last WASHINGTON (AP) If Lewis to sit for easy-chair conferences Strauss wins Senate confirms- with associates and visitors. root by Colgate. Subject to condi week jumped another half point tions, Wildroot stock will be ex tion, President Eisenhower JSSSZ to 76 per cent of capacity, high The Flops laS WiuJkJ (UlVVblUll A Vm.

1V vo Loue. TO HfVJE. UO-6000 "n6HTv0ft0-rAO-Vod changed for Colgate stock, but the number of Colgate shares to be issued has not been determined. It served 40 years ago be have a secretary of commerce who believes 1959 will bring the THK-VLL VP PALftN0e 4KIHFLKAT- HOO ttoNweiMCrt-voiLL it ee. fore Hoover himself became sec est mark of the year.

Production was about 2,057,000 net tons of steel. Chicago district mills operated their furnaces at 87 per cent of capacity, the highest rate in 18 I retary of commerce but also will be based, among other things. United States to the threshold of on the value of Wildroot's net a decade of unparalleled attests his belief in the concept on which Hoover tried to shape assets on Dec. 31, 1958 Ham months. the department namely: ilton Watch Co.

directors have Other districts: St. Louis, at 94 Strauss also believes firmly In declared an extra dividend of 13 Ay a- -JQ pi I w. per cent of capacity, up Free government and free enterprise, if they work together, cents a share on common stock, foreign aid and in America's ability to win the cold war. points; Detroit, at 9VA, down are an unbeatable team. eight points; Wheeling, at 84, up And if asked, he will give assur payable Jan.

15 to holders of record Dec. 30. The company earlier ordered the usual quarterly divi half a point; Cincinnati, at 84, up Associates report that Strauss is convinced Russia is using trade ance that he has severed ties with the Atomic Energy Commission four points; Western district, at as an instrument of hostile in dend of 15 cents, payable Dec. 15 to holders of record Oct. 30.

tent." The individual American over which he presided for five stormy years that he has no 79, no change; Cleveland, at 75, up six points; Pittsburgh, at 72, up half a point; Eastern district, at 72, up one point; Birmingham, businessman is helpless against such an offensive, Strauss holas, intention of keeping a finger in the nuclear pie as official or unofficial adviser to the White House because he must sell at a price that covers his cost and returns at 67, up two points; Buffalo, at a profit. The Soviet competitor 66, down 7k points, and Youngs town, at 62, up two points. POINTERS The average Amercan will have eaten somewhat more than 18.1 pounds of candy in 1958, according to Factors Corp. of America. That's l'a pounds more than five years ago.

Agenl X-9 on atomic matters. Voiced Privately We YHek. a insert bv I disregards not only profit but Greater Optimism These ideas are privately costs, too. The department's Business Ad 117 7 THAT CAN ABBANSSPl I uks to see 1 HAV6 A CAA WWTTNSI LfiT lAYFAMlWjJ T0P8YMV0FFICS.1U. crrfH 565 WE CAN SET UP A JiSHPdX W0BT HOM6 COMIN' Steelmen are viewing 1959 out I to the United -A habkyI iwouawr I didn't tkavel.

I tat frem YOU WE28 60IN6 id veymuch! kw I voiced. The ordinarily assertive Strauss has uttered hardly a peep put with greater optimism. Here's visory Council, made up of about and the 3,100,000,000 pound total for 1958 is a three per cent gain how Avery C. Adams, chairman 150 leading corporation execu publicly in the two months since over 1957 sales. Candy manufac tives, is drafting a proposed pro and president of Jones Laughlin he took over the Cabinet post va turers may welcome the gain, but Steel Pittsburgh, sees in cated by Sinclair Weeks.

Eisen dustry operations in 1959: first hower gave him a recess appoint because of long dating on bills due the manufacturer, it's putting a squeeze on their working gram of long-term measures to meet the challenge, and Strauss has voiced confidence that the answers can be found in industry-government teamwork. ment, subject to Senate quarter, 80 per cent of capacity; second, 91; third, 68; fourth, 78. capital, the Factors survey Production will average 79 per cent of capacity over the year, But Strauss has let his associates know he considers the Peace Insurance But meantime, he has told his and output will be 115 million reports Toy makers have gone electronic this Christmas, and Santa's pack will bulge with satellites, missiles, rocket launch Commerce Department the poten ingot tons, he believes. -munA aides, this country must rely for peace insurance on the mutual aid ers and miniature radios. That.

program. In the con prune 8lue ui uip fn Hnmlnation iUll tl VV troversy he has no trouble choos the Communist strategy of trade ing his side: The goal should be held last week at $39.17 a gross ton. Some observers think the slump has hit bottom. warfare and economic penetra trade, period." But that is an ulti Big Sisler 1 yy mate goal. As secretary of commerce, Ifs Been Said Observe your enemies for they Strauss, 62, presumably will be tion.

He has installed a portrait of former President Herbert Hoover in the place of honor in his roomy, luxuriously paneled office over the fireplace before which he likes WHAT CAN ALL THAT HAMMERING t- rs. Nj. M-' TVVBANSJ-. the administration chief spokes first find out your faults. Antis-thenes, Greek philosopher.

man before Congress for another big foreign aid budget. Associates quote him substantially as OUR NEW tsJEHSMBORS ARE PUTTING UP A QIG SIGN ON THEIP PROPERTY 7 I WONDER WHAT IT Y- 1 I 12-22 We cannot get rid of foreign Former WFMZ Building anyway, is the report of McGraw-hill's Electronics, which adds that this year's models are accurate replicas or devices from actual specifications. UPCOMING The Presbyterian Ministers' Fund, father of life insurance in America, will celebrate its 200th birthday Jan. 1L The anniversary will be marked by a service in old Pine St. Church, Philadelphia.

"The Corporation for the Relief of Distressed Presbyterian Ministers and for the Poor Distressed Widows Children of Presbyterian Ministers" received its charter in 1759, three years before Equitable of London was chartered to serve the general public Retail merchandising problems will be explored in four separate seminar sessions during the 48th annual convention of the National Retail Merchants Assn. aid for a long time. Some of the countries with which we now have substantial trade would not exist today if we had not helped them Being Sold for $90,000 after the war. "The danger does exist that aid can become a habit-forming drug, that it might be continued beyond its need. But I have no evidence that we have reached that stage yet." Mark Trail BlTSY IS A TEERIFC POO Yfu SHE'S SO YOUNG AND THEY'VE Nation's Output IT WE CANT LET HER PO THAT.

MAYBE I CAN GET BARNEY 4 LAWTON TOHECS WiTl Jan. 12-15 at New York's Hotel Down 3 Per Cent Statler. Charles A. KellstadL president of Sears, Roebuck St will speak at the closing din Philip N. Sorrentino of Emmaus Is In the process of buying the two-story building which formerly housed WFMZ-TV on the 7th St.

Pike. The reported selling price Is $90,000. Sorrentino told The Morning Call last night he doesn't know what the building will be used for. He said he is buying it as an investment. The site is at Grape across from Breadon Field.

Sorrentino is one of three men who sold the field to Max Hess. The property has a frontage of 150 feet and a depth of about 110 feet. Sorrentino said he does not expect to make settlement until next month. Atty. Paul A.

McGinley is Sorrentino's agent handling the purchase. David Epstein, who built the structure in 1954, is the present owner. The UHF station suspended operations in 1955 for economic reasons. TRAINER, ,4 TRAINER, CHERRY, ANP IF I CAN GET YS BEEN HAVING 5UCH A HAKP TIME HIM SOME PUBLICITY HE SHOULD BE Hit I SHE'S ABOUT READY TO 60 BACK ABLE TO MAKE A UVING AT ft tHOME hB'f JT "vCl HOPEYOUlf(CAN r' Altir HELP HIM BECAUSE )Z7VT -rV'" HIS WIFE IS VERY VlC VV UNHAPPY. MARX- fV TrffT ner Jan.

15 The American Concrete Institute will hold its annual convention Feb. 23-28 in Los Angeles. The Seal of Quality WASHINGTON After squeezing the price inflation out of its production estimates, the Commerce Department reported Sunday that the nation's real output in 1953 was three per cent below 1957. It also announced that total production this quarter has reached a record rate well above last summer's pre-reces-sion peak, in terms of today's dollars. The rate apparently is about 454 billion dollars a year.

But when translated into 1957 dollars this rate represents Just about the same output of grjods and services as in mid 1937, when the rate was measured atjunst under 446 billion dollars annually. frrl ITS hAO TO Haggs ft'-'ATA IN'. CJ. N. PSTTM 5w VEST.

A33LA-FT AT J37 3:50 R.P.vi. WCW1E WV iTfcA EXAM LSr V.EEKi! sc 3 rr) sa MIX AT SOO CA. For the Best Car and Uome Insurance American Telephone Telegraph Comnioa I lock Current Dividend $9.00 Per Share You can become a shareholder in this prominent company through the purchase of one or more shares. Tour inquiry regarding this or other nationally-known companJea vrill receive prompt attention. YoTdTocmesF- y.v v.

1 12-22 STAY AHEAD OF THE SEASON do it with i MM. Pttt.TMtiaI. MOVER Ik "i rN. mams 3p Boiiam od4 1842 MEMBERS firm TV Jie Excbmtt tbilidsipbtBilfmen Stock Amtnttm SiocM (Ai9iti S. BROAD STREET, PIIILA.

9. PA. Kl 5-7200 71 Serves in the A IF? FflnHF DFSFUVF Ee Proud of the Man In your Family who 123 17 i rv $25 to $2000 I ntt be inmtrtd in nr-nrinj tboof ia the commrm work of Aror-Ki TeiTh Telegraph. Piea tni me, ifboo ofelitKio. ietU on bow 1 btt beconse part-owner ta ten eatcrpriM.

Aao fie lur 30 nocks favored bt BSaacial expert. uniy urn strong remain iree. Airmen hIp our country to stay strong wtiil thy pow in skills that can thtm in civilian life. You havt every rigM to be proud of the Air Force Reservist in your family? lta to'ev UOt rr Capital Firo (07. as teem aaee UOt ay (epial I HA Harry A.

Feltman, Manager 23 S. Ninth SL Phone HE. 4-5217, Anentown CALL CHRONICLE NEWSPAPERS ADDRESS a.

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